BITCOIN CASH (BCH)

What Is Bitcoin Cash?

Since its launch, Bitcoin faced pressure from community members on the topic of scalability. Specifically, that the size of blocks �C set at 1 megabyte (MB), or a million bytes, in 2010 �C would slow down transaction processing times, thus limiting the currency��s potential, just as it was gaining in popularity. The block size limit was added to the Bitcoin code in order to prevent spam attacks on the network at a time when the value of a Bitcoins was low. By 2015, the value of Bitcoins had increased substantially and average block size had reached 600 bytes, creating a scenario in which transaction times could run into delays as more blocks reached maximum capacity. A number of proposals have been made to deal with transaction processing over the years, often focusing on increasing block size. Because the Bitcoin code is not managed by a central authority, changes to the code require buy-in from developers and miners. This consensus-driven approach can lead to proposals taking a long time to finalize. This has resulted in groups creating

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